Why Companies Are Taking It Upon Themselves to Help Workers Learn New Skills | Entrepreneur

In May, Walmart announced that it would begin offering to cover U.S. workers’ college expenses — tuition, fees and books — leaving the recipient of the program responsible for only $1 per day toward an associate’s or bachelor’s degree in business or supply chain management from one of three universities.

“Walmart is just the beginning of the education and upscaling that’s going to be happening in the workplace, sponsored by employers who are realizing they’re not going to be able to hire and fire their way out of this problem,” Maggioncalda says. “It has now become mission-critical, existential.”